9 days on rocket

401 Ocean Dr Unit 1007, Miami Beach, FL, 33139

$589,999

Home List Price

$7,006*

Closing Credit

1 Full Bath
538 SqFt
$1,097/SqFt
Condo

Location

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401 Ocean Dr Unit 1007, Miami Beach$589,999

Buyer Closing Credits

$7,006*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCovered
Year Built1970
HeatingCentral
CoolingCentral Air
WaterfrontOcean Access, Ocean Front
ViewOcean
MLS #A11706494
StatusActive

About 401 Ocean Dr Unit 1007

Investor’s Dream: Luxurious Oceanfront Condo with Stunning Miami Beach Views. This fully remodeled, turn-key condo offers breathtaking ocean views, exceptional investment potential, and all brand-new features, including hurricane-rated impact glass doors, quartz Silestone countertops, marble flooring, 2017 AC, custom cabinetry, high-end appliances, and a tankless water heater. Perfectly located just steps from Ocean Drive, a beachfront gym, yoga, fine dining, exclusive clubs, and cruise ports, this residence delivers the ultimate in luxury and lifestyle. With the 40 & 50-year recertification completed and all special assessments paid by the seller, this is a rare opportunity to own a brand-new, hassle-free investment in Miami’s premier beachfront market. Schedule your viewing today!

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1970
  • Living Area: 538 SqFt

Listing Office:

  • Office Name: BHHS EWM Realty
  • Office Email: savalli.b@ewm.com
  • Listing Agent: Barbara Savalli

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Water Heater, Microwave
  • Flooring Type: Marble
  • Interior: Closet Cabinetry, Elevator

Bedroom and Bathroom Information:

  • Full Bathrooms: 1

Exterior Features

Exterior Information:

  • Waterfront: Ocean Access, Ocean Front
  • View: Ocean
  • Exterior: Balcony

Parking Information:

  • Parking: Covered

Virtual/3D Tour

  • Virtual Tour: 401 Ocean Dr Unit 1007
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $589,999
  • Price Per SqFt: $1,097/SqFt

HOA Fees:

  • Amount: $621
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Miami Beach, FL.

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Miami Beach, FL

City

Med. Sold Price

$617.5K

Med. Price/SqFt

$605

Avg. Days On Market

97

# of Sold Homes

73

401 Ocean Dr Unit 1007 vs Miami Beach

9 DAYS ON ROCKET

-88 Days

$589,999

-$27.5K Less

$1,097/SqFt

+$492 More

KEY TAKEAWAY

This property is $27.5K less than the Median Sold Price and $492/SqFt more than other homes in Miami Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11706494

Listing Office:

  • Office Name: BHHS EWM Realty
  • Office Email: savalli.b@ewm.com
  • Listing Agent: Barbara Savalli

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 6:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,633

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,835

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-63425
6
/10

  • South Pointe Elementary School

  • 1050 4th St

  • 0.47 miles

  • Public District Grades PK-5

school-card-donut-63426
5
/10

  • Fienberg/Fisher K-8 Center

  • 1420 Washington Ave

  • 0.87 miles

  • Public District Grades PK-5

school-card-donut-63427
8
/10

  • North Beach Elementary School

  • 4100 Prairie Ave

  • 2.82 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,888. Typical income of Miami Beach, FL residents is less than $35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 401 Ocean Dr Unit 1007

What is the listing price of this property?

The listing price of 401 Ocean Dr Unit 1007 property is $589,999.

What type of property is this?

The property 401 Ocean Dr Unit 1007 is a condo located in Miami Beach, Florida, 33139.

Is this property for sale now?

Active Listing: 401 Ocean Dr Unit 1007 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 401 Ocean Dr Unit 1007 has 1 bathroom..

What is the square footage of this property?

The property 401 Ocean Dr Unit 1007 is 538 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 401 Ocean Dr Unit 1007 is 1970.

Rocket Homes›Florida›Miami-Dade County›Miami Beach›33139›401 Ocean Dr Unit 1007

This home is located at 401 Ocean Dr Unit 1007 in Miami Beach, FL and zip code 33139 in the South Point neighborhood. This 538 square foot home was built in 1970. Features: 1 bathroom. It has been listed on Rocket Homes since December 09, 2024 and is currently priced at $589,999.

In November 2024, from all listings sold in Miami Beach, FL there were more than 2 sold above asking price, over 65 sold below and more than 6 were sold right at the asked price. The number of homes for sale in Miami Beach, FL increased by 14.3% between October 2024 and November 2024. While the average time on the market in November 2024 was 97 days, the median list price was $617,500.

From Rocket Homes Real Estate and based on county public records data.

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